Get Thoughtful+ Insights

Automation news, RPA best practices, and time and money-saving tips, straight to your inbox.

AR

Account Reconciliation

The bot will reconcile each balance sheet account against source statements.

Function:

General Ledger

Accounts Receivable

Accounts Payable

Steps

  1. Login to source and download statement for prior month.
  2. Begin account reconciliation process on accounting system.
  3. From source statement, mark each debit and credit on accounting system.
  4. Add any interest or finance charges for liabilities.
  5. If statement different is zero, print reconciliation report and file.
  6. If not, send email to customer reporting missing transactions from ledger and/or source transactions.

Popular Applications

Our services are not limited to these applications. This bot is available for any cloud based application.

Bill.com

Bill.com
Bill.com

Crunch Accounting

Crunch Accounting
Crunch Accounting

FinancePal

FinancePal
FinancePal

FreshBooks

FreshBooks
FreshBooks

Infor

Infor
Infor

Microsoft Dynamics GP

Microsoft Dynamics GP
Microsoft Dynamics GP

NetSuite

NetSuite
NetSuite

ProfitBooks

ProfitBooks
ProfitBooks

QuickBooks

QuickBooks
QuickBooks

Sage Intacct

Sage Intacct
Sage Intacct

SAP

SAP
SAP

Xero

Xero
Xero

ZarMoney

ZarMoney
ZarMoney

Zoho Books

Zoho Books
Zoho Books

Share

AR

Request a demo of this bot

A no obligation way to understand how automation can increase efficiency, productivity, and accuracy.

Related